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China is likely to come up with a fiscal stimulus package during the upcoming annual meeting of the country's top legislature, including raising fiscal deficit and expanding government debt, to contain the economic impact of COVID-19 epidemic and accelerate recovery, according to officials and experts.

China is prohibiting property developers, real estate agencies as well as internet finance and micro-loan companies from financing down payments for home buyers to rein in property prices in major cities.

China is able to solve major problems by pooling resources and efforts, and it is a great feat to bring tens of millions of people out of poverty with measures including industrial development and job creation, Foe said.

China is likely to embrace large investment banks in a real sense, with the registration-based initial public offering system reshaping the country's securities industry, experts said.

China is the largest destination of Oregon exports and the source of foreign tourists and international students. In addition, 20,000 jobs in Oregon depend on its exports to China, Lan said.